D-Wave Signs Commercial Collaboration with AT&T, Upgrades NYSE Listing
Quantum computing firm D-Wave (NYSE:QBTS) surged in value after announcing a commercial collaboration with telecommunications giant AT&T. The partnership aims to integrate D-Wave's annealing quantum technology into AT&T’s agentic AI solutions for network operations, potentially reducing processing times and improving efficiency by millions of hours annually. AT&T plans to apply the quantum computing tools across various applications such as outage detection, technician routing, and traffic management. This collaboration is part of a broader strategy at AT&T that leverages advanced technologies like AI and automation to modernize its network infrastructure. D-Wave's CEO emphasized how this partnership demonstrates real-world application potential for quantum computing. On the same day, D-Wave uplisted from the Nasdaq to the New York Stock Exchange under ticker QBTS, a move expected to enhance liquidity and visibility among institutional investors.